March 28, 2023

Clal Insurance completes acquisition of Max

We are proud to represente the international investment fund Warburg Pincus

On the acquisition of credit card company Max by Clal Insurance Enterprises Holdings (TASE: CLIS).

As a result of the deal’s completion, Clal Holdings has acquired full ownership of Max, and it will operate as part of the insurance and finance company.

We would like to express our gratitude to all the wide legal team at Gornitzky who have once again proven that any legal or business challenge can be overcome, even in a very complex business, legal, and regulatory transaction.

We wish our clients great success in their future business endeavors.

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